GTB
1 Dec
The Federal Competition and Consumer Protection Commission (FCCPC) has launched a major inquiry into widespread consumer complaints against leading players in the banking, telecommunications, and aviation sectors. The Director, Corporate Affairs of the FCCPC, Ondaje Ijagwu, made this known on Sunday in a statement on the official X account of the commission. The inquisitions, which…
21 Oct
First Bank of Nigeria tops Nigerian banks in this year’s edition of the famous African Business Magazine’s top 100 banks in Africa. The bank, which has gained some points, came ahead of Access Bank and Zenith Bank, which were rated second and third respectively.
30 Sep
An Abuja-based master baker, Miss Faith Iwu, has threatened to sue the Guaranty Trust Bank (GTB) if alleged restriction placed on her account is not lifted. Iwu’s lawyer, Mojisola George, gave the warning in a letter addressed to the GTB’s secretary dated Sept. 12 and received by the bank on Sept 19. A copy of…
13 Sep
The House of Representatives has asked Guaranty Trust Bank (GTB) to remit Value Added Tax (VAT) on the commission received from Remita between 2015 and 2022 to the Federal Government recovery account. READ ALSO:Reps minority caucus expresses sorrow over devastating floods in Nigeria The Chairman, of the Public Accounts Committee (PAC),…
16 Aug
Fresh concerns are mounting over sudden and rising moves by hackers to hack banks and institutions in the country. This is as tech experts have called for increased vigilance of the country’s cyberspace.
15 Aug
Deposit Money Bank, Guaranty Trust Bank (GTB) has provided clarity as regards alleged breach of its domain. Recall that since yesterday, customers of the bank have had difficulties in carrying out financial transactions via the bank channels. Report has it that hackers hacked into the domain of the bank and that has caused serious breach,…
13 Jun 2024
A prosecuting witness in the trial of Olu Agunloye over the $6 billion Mambila Power Project contract fraud on Monday, June 10, 2024, narrated how the former Minister of Power and Steel received the sum of N5.2m. Appearing before Justice Jude Onwuegbuzie of the Federal Capital City (FCT) High Court, sitting in Apo, Abuja, the…
Latest
3 mins ago
Malam Kashifu Inuwa, the Director-General of the National Information Technology Development Agency (NITDA) says the agency aims to train more than 10 million Nigerians on digital literacy annually. Inuwa disclosed this on Wednesday at a three-day digital literacy skills’ training for public servants in Abuja. The News Agency of Nigeria (NAN) reports that training workshop…
4 mins ago
The Nigerian Communications Commission (NCC) says it has ordered telecommunications companies to disconnect the Unstructured Supplementary Service Data (USSD) codes assigned to nine financial institutions due to unpaid debts. This was made known in a public notice signed by NCC’s Director of Public Affairs, Mr Reuben Muoka, on Wednesday. According to the commission, the affected…
9 mins ago
The Minister of Marine and Blue Economy, Mr Adegboyega Oyetola, has charged agencies of the ministry to align and prioritise their 2025 budget proposals to ensure massive and impactful development. Oyetola gave the charge in a statement by Mrs Anastasia Ogbonna, Director of Information and Public Relations, on Wednesday in Abuja. According to the minister,…
14 mins ago
The Air Component of Operation Hadin Kai (AC OPHK) has reiterated the ban on drone operations in the North East Theatre, comprising Borno, Yobe and Adamawa states, citing security and safety concerns. The Air Component Commander of AC OPHK, Air Commodore Umar Idris, emphasised the ban in a statement on Wednesday in Maiduguri. He stated…
16 mins ago
The Federal Airports Authority of Nigeria (FAAN) has said it needs N580bn to rehabilitate runways and improve airport infrastructure nationwide. FAAN Managing Director Olubunmi Kuku disclosed this during a visit by the Permanent Secretary of the Ministry of Aviation and Aerospace Development, Ibrahim Kana. She said many airport runways, built in the late 1970s, had…
23 mins ago
A group under the aegis of the Niger Delta Community Youths Association has called for a fresh licensing bid that would ensure that 40% of Nigeria's oil bloc is allocated to investors that are indigenous to the Niger Delta region as stipulated in extant laws of the country. The group based in Bayelsa, Akwa-Ibom, Edo,…
24 mins ago
The Hydrocarbon Pollution Remediation Project (HYPREP) has announced plans to commission two additional water schemes in Ogoni, Rivers State, by February 2025. The development is part of HYPREP's ongoing efforts to provide potable water to impacted communities in Ogoni. According to the Project Coordinator of HYPREP, Professor Nenibarini Zabbey, on Wednesday, the two water schemes,…
27 mins ago
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has filed a five-count charge of unlawful embezzlement against Jimi Lawal, a former aide to former Governor Malam Nasir El-Rufai, accusing him of corruption and money laundering. The case, with charge number FCH/KD/16c/2025, was filed by the Assistant Chief Legal Officer of ICPC, Dr. Osuobeni…
40 mins ago
The Edo State Governor, Monday Okpebholo, on Wednesday said his administration would initiate welfare packages for the families of fallen heroes in the state. The governor made the promise at the 2025 Armed Forces Remembrance Day celebration in Benin City. Okpebholo said the welfare packages would be geared towards sustaining the immediate families of the…
40 mins ago
The Lagos State Ministry of Environment and Water Resources, says it will demolish shanties and illegal market structures around Cele underbridge area of the state. The Commissioner For Environment, Mr Tokunbo Wahab, said this while speaking with journalists after the inspection tour of drainage enforcement at Cele underbridge on Lagos Apapa Oshodi Expressway on…